79060 - FUNDAMENTALS IN HEALTH ECONOMICS

Anno Accademico 2023/2024

  • Docente: Daniele Fabbri
  • Crediti formativi: 5
  • SSD: SECS-P/01
  • Lingua di insegnamento: Inglese
  • Modalità didattica: Convenzionale - Lezioni in presenza
  • Campus: Bologna
  • Corso: Laurea Magistrale in Health Economics and Management (cod. 5902)

    Valido anche per Laurea Magistrale in Economics and Public Policy (cod. 5945)

Conoscenze e abilità da conseguire

The course should enable students to analyse, according to the methods of microeconomics, the typical resource allocation problems involving health and healthcare. Teaching practice combines theory and institutional analysis with updated empirical evidence from the literature. At the end of the course, participants shall demonstrate knowledge about: 1) the peculiar economic characteristics of health and health care, 2) the fundamental trade-offs afflicting resource allocation in health and healthcare, 3) the way different Health Systems address these fundamental trade-offs. The primary purpose of the course is to examine the framework and analytical methods economists use to study the health economy and address key policy issues. Students need to be comfortable with basic economic tools (e.g., demand-supply, elasticity, marginal analysis, production functions). The principal method of learning is through discussion and written analysis.

Contenuti

The course provides you with knowledge about:

  • peculiar economic characteristics of health care markets
  • market failures in health care and their causes
  • the demand for health care
  • health capital and health inequalities
  • economic aspects behind physician agency and supplier induced demand
  • key economic concepts and analysis about health care insurance markets (risk, risk aversion and demand for health care insurance; the behavior of insurance firms; moral hazard and demand-side cost-sharing; supply-side cost sharing and managed insurance; adverse selection, plan competition and the issue of renewability)
  • Governments' interventions in the health care insurance markets

Testi/Bibliografia

Main references:

  • Bhattacharya, Hyde, Tu, 2014, Health Economics, Palgrave, McMillan.
  • Sloan Frank A. and Hsieh Chee-Ruey, 2012, Health Economics, MIT press.
  • Folland, Goodman, Stano, 2007, The economics of health and health care, Prentice Hall.

Further selected readings will be distributed during the course from: Journal of Economic Perspectives, Health Affairs, New England Journal of Medicine, Journal of Health Economics, ....

A detailed syllabus will be delivered to the students at the beginning of the classes.

Metodi didattici

Lectures and class discussions

Modalità di verifica e valutazione dell'apprendimento

The overall assessment will consist of a WRITTEN EXAM.

The written exam is a closed book exam. You will have 90 minutes to complete it. Further details (and a sample exam) will be given in class.

GRADING

Grades are expressed on a 18-30 scale and graduated as follows:

<18 failed
18-23 sufficient
24-27 good
28-30 very good
30 L excellent

Further details on the assessment metods and grading will be provided at the beginning of the classes.

Strumenti a supporto della didattica

We will use Unibo e-learning platform (VIRTUALE.UNIBO.IT) for remote downloading of teaching materials and uploading of assigned teamworks.

Details on how to access the remote learning platform will be provided at the beginning of the course.

Link ad altre eventuali informazioni

https://sites.google.com/view/danielefabbri/home

Orario di ricevimento

Consulta il sito web di Daniele Fabbri

SDGs

Salute e benessere

L'insegnamento contribuisce al perseguimento degli Obiettivi di Sviluppo Sostenibile dell'Agenda 2030 dell'ONU.